St. Maarten Finance Ministry makes budget information available to MPs

POSTED: 04/18/11 4:49 PM

St. Maarten – Finance Minister Hiro Shigemoto announced in a press release yesterday that all relevant information and additional documentation related to the 2011 budget is available to Members of Parliament at the Council of Ministers secretariat in the Government Administration Building.

The information available to parliamentarians consists of 23 pieces of correspondence to and from the Committee for financial supervision Cft and the budget the Council of Ministers approved on April 12.

The budget has been sent to Governor Eugene Holiday as Chairman of the Council of Advice who will turn it over to Vice Chairman Mavis Brooks-Salmon.  Once the Council has reviewed the budget, it goes back the Governor who then forwards it to the Minister of Finance.

If there are any comments they will be dealt with in the Council of Minister and then ratified.  Then it goes back to the Governor who sends it to the parliament.

Shigemoto said he is looking forward to going to Parliament on Thursday, April 21 to provide information to the different factions about the budget.

“It is very important that we have these parliamentary-ministerial information briefings from time to time.  My door is always open as I believe in the principle of transparency and open government. The Ministry of Finance has been forthcoming with information whenever this would be requested by a faction or individual parliamentarian,” Shigemoto said yeasterday.

Last week the government provided a balanced budget which received positive advice from the Cft.

The 420,916,597 million guilders budget is 23,526,328 million guilders lower than the one the parliament approved on December 23 of last year.

Shigemoto said he also responded to the March 22-letter from National Alliance MP George Pantophlet. The Minister sent his answer last week Tuesday.

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